DAX up 2.1% on the week; Deutsche Börse, SAP, ZEW and PMIs come next
The DAX ended the week at 25,623 points, up 2.1%. From Monday the earnings season moves to Europe: Deutsche Börse and SAP report, and the ZEW index and purchasing managers' data are due.

The DAX benchmark index (Germany's 40 largest listed companies) closed Friday at 25,622.61 points, 2.1% above the previous week. Fears of another US rate hike had eased. The MDAX of mid-sized companies gained about 2.2% over the week and the Euro Stoxx 50 about 0.5%. According to wallstreet-online, Rheinmetall was the week's best DAX stock, up almost 18%, and Infineon the weakest, down about 13%.
On Tuesday comes the ZEW index, which measures the economic expectations of financial experts. Helaba analyst Simon Azarbayjani expects a slight decline, but the recovery signal is likely to remain intact, dpa-AFX reported. In the evening Deutsche Börse publishes its quarterly results, followed on Wednesday evening by software group SAP.
On Thursday many European companies report, including Sartorius, Nestlé, Roche, UniCredit and L'Oréal, and on Friday Volvo, Holcim and Eni. Friday also brings the first October purchasing managers' indices (PMI) for Germany, the euro area and the US. In the US, Netflix, Tesla, IBM and Texas Instruments are among those reporting. There is no ECB rate decision this week; according to the dpa-AFX calendar it is due on 29 October.
Market watchers remain cautious. Andreas Lipkow of CMC Markets sees high energy prices due to the Middle East conflict as a burden. Timo Emden of Captrader doubts there will be a year-end rally.
| Index | Close | Day % | Week % |
|---|---|---|---|
| DAX | 25,622.61 | +0.95 % | +2.1 % |
| MDAX | 30,656.65 | +1.46 % | +2.2 % |
| SDAX | 18,206.26 | +1.41 % | +0.5 % |
| TecDAX | 4,014.86 | +1.12 % | +0.9 % |
| Euro Stoxx 50 | 6,204.23 | +0.58 % | +0.5 % |
| Company | Week % |
|---|---|
| Rheinmetall | +17.91 % |
| Scout24 | +12.26 % |
| Zalando | +8.78 % |
| Symrise | +7.81 % |
| Fresenius | +7.69 % |
| Commerzbank | −1.63 % |
| Deutsche Bank | −3.89 % |
| Hochtief | −4.60 % |
| Siemens Energy | −6.76 % |
| Infineon | −12.99 % |
| Day | Event |
|---|---|
| Mon 19 Oct | 04:00 China: Q3 GDP; 08:00 Germany: August manufacturing order backlog; 'Invest in Germany' summit with Chancellor Merz |
| Tue 20 Oct | 07:00 ABB; 08:00 Germany: September producer prices; 11:00 October ZEW sentiment; 19:00 Deutsche Börse Q3; 22:01 Netflix |
| Wed 21 Oct | Akzo Nobel, Iberdrola; 18:00 Flatexdegiro; 22:05 SAP and Tesla Q3; IBM, Texas Instruments |
| Thu 22 Oct | 07:00 Sartorius, Nestlé, Roche, STMicro, Nokia, UniCredit; 07:30 Vossloh; 16:00 euro area: October consumer confidence |
| Fri 23 Oct | 07:00 Atoss, Holcim, Volvo Cars; 07:45 Eni; 09:30/10:00 October flash PMIs for Germany and the euro area |
| Thu 29 Oct | ECB rate decision (following week) |
For information only, not investment advice. Prices as of the time stated, not real-time quotes.
Sources
- dpa-AFX via finanzen.at: ROUNDUP/Aktien Frankfurt Schluss – Dax schüttelt Zins- und KI-Sorgen ab (16.10.2026, 17:56)
- dpa-AFX via ARIVA: ROUNDUP/Aktien Europa Schluss – Stabilisierung vor dem Wochenende (16.10.2026)
- finanzen.at: SDAX präsentiert sich letztendlich fester (16.10.2026; 18.206,26, +1,41 %)
- finanzen.at: Anleger lassen TecDAX letztendlich steigen (16.10.2026; 4.014,86, +1,12 %)
- boerse-social.com: Rheinmetall, BMW, Mercedes-Benz, SAP, Continental, Infineon im DAX (17.10.2026; Tageswerte 16.10.)
- wallstreet-online: Chartgalerie – Top/Flop-Aktien Wochenrückblick KW 42/26 (17.10.2026)
- dpa-AFX via ARIVA: WOCHENAUSBLICK – Dax nach starker Woche auf Richtungssuche – Sorgenthemen bleiben (16.10.2026, 15:35)
- dpa-AFX via ARIVA: WOCHENVORSCHAU – Termine bis 30. Oktober 2026 (16.10.2026)
- Dow Jones via finanzen.net: WOCHENVORSCHAU 19. bis 25. Oktober 2026 (43. KW) (9.10.2026)



